WDP Partners LLC in Phoenix sold the headquarters building for Fender Musical Instruments Group at 17600 N. Perimeter Drive in Scottsdale to Bruce Karsh of Los Angeles for $29.85 million. Jim Fijan of CBRE in Phoenix represented the seller. The buyer of this 127,750 square-foot two-story office building was self-represented. Built in 1999, the property was 100 percent leased at the time of sale, with Fender occupying 110,000 square feet.

Major deals

Buckeye Casa Grande LP purchased 610 acres in Mesa along Ellsworth and Pecos Road, in the former Williams Trade Zone, for $25 million. The sale included 310 acres on the southeast corner of Pecos and Ellsworth sold by Enterprise Bank; 229 acres on the northwest corner of Pecos and Ellsworth sold by GKK Williams Gateway; and 72 acres on the southwest corner of Pecos and Ellsworth sold by a private land owner. Brent Moser, Mike Sutton and Brooks Griffith of Cassidy Turley Arizona land group represented the buyer. The sellers were self-represented. Buckeye Casa Grande plans to develop the site with build-to-suit projects.

BH Properties of Los Angeles sold a 90,496-square-foot building at Mesa Commons on the southwest corner of Signal Butte Road and Apache Trail in Mesa to 10603 Apache Trail LLC of Las Vegas for $8.25 million. Glenn Smigiel, Bob Young, Steve Brabant, Rick Abraham, Nancy Romanovski, Steve Fernandez and Andrew Fosberg of CBRE in Phoenix represented the seller. The buyer of this retail center building was self-represented. The building is 100 percent leased by Big Lots, Harbor Freight Tools and Goodwill Industries.

MidFirst Bank sold Southgate Mall on the northwest corner of Fourth Ave. and 32nd Street in Yuma to Southgate Mall LLC, an affiliate of CCA Acquisition Co. and Kornwasser Shopping Center Properties for $4.12 million. Bob Young, Glenn Smigiel, Steve Brabant, Rick Abraham and Nancy Romanovsky of CBRE in Phoenix, along with Tom Pancrazi of AT Pancrazi Real Estate Services in Yuma, represented the seller. The buyer of this 208,976-square-foot regional shopping center was self-represented.

Promotions and hires

Paula Eick, safety director/risk manager at Adolfson & Peterson Construction, joined the board of directors for Esperanca, which provides programs to improve the well-being of the world’s poor. Eick is responsible for health, safety and environmental compliance on job sites in Arizona, California, Washington and Oklahoma.

Chris Nickle has been promoted to vice president of operations for the southwest division at McCarthy Building Companies Inc. in Tempe. He will lead safety, quality and manpower efforts for projects in the southwest region, oversee all field operations and work with the business development team to target new pursuits. He received his construction engineering degree from Montana State University.

Jack Luciano joined Walt Danley Realty in Scottsdale as an associate Realtor specializing in luxury high-rise condos. He has nearly 10 years’ experience in the field, most recently with Realty Executives.

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